Stellar (XLM) Price Near $0.20; Heads Down For the 4th Straight Day, in a Downtrend Over Past 14 Days

The Hourly View for XLM

Last Updated July 20, 2021, 02:052 GMT

At the moment, XLM’s price is down $0 (-0.34%) from the hour prior. XLM has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Stellar Daily Price Recap

Stellar is down 8.13% ($0.0187) since yesterday, marking the 4th straight day a decrease has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 51.48% from the day prior, and up 31.53% from the same day the week before. Those trading within the Top Cryptos asset class should know that Stellar was the worst performer in the class during yesterday. The daily price chart of Stellar below illustrates.

Stellar Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Stellar’s price has gone down 9 them.